“This
legislation is the result of bipartisan compromise and significant
give-and-take on both sides,” Grassley said. “This bill would send a
recovery check to most Americans for at least $1,200. A typical family of four
would be eligible for $3,400. Seniors, veterans, the unemployed and low-income
Americans would be eligible too. This would help workers, families and small
businesses absorb some of the financial impact of the coronavirus. We also
provide significantly enhanced unemployment insurance and expand eligibility to
the self-employed, gig workers and other Americans who aren’t working due to
the coronavirus. The legislation also includes assistance for small businesses
so they can stay afloat and not lay off their workers.

“Our
Phase Three legislation will also address critical needs of Medicare and
Medicaid beneficiaries. We boost telehealth services, we boost payments to
health care providers and hospitals to ensure they have the resources to care
for patients and we remove restrictions for anybody with health savings
accounts. We also ensure that Part B will completely cover a COVID-19 vaccine
and Medicare beneficiaries will be able to fill three months of prescriptions.
These provisions in conjunction with the full scope of this bipartisan effort
will deliver relief and help to all Americans.”

“This
legislation has Democratic and Republican ideas and is the product of extensive
bipartisan negotiations. The economic and public health crisis we are
experiencing as a country is an emergency and Congress must respond in kind.
Congress must pass this legislation immediately so it can be signed into law by
the president and Americans can see relief.”

A
section-by-section for unemployment insurance and tax policy can be found HERE.